Live Fish Price in Oman - 2021
Contents:
- Live Fish Price in Oman (CIF) - 2022
- Live Fish Price in Oman (FOB) - 2022
- Live Fish Imports in Oman
- Live Fish Exports in Oman
Live Fish Price in Oman (CIF) - 2022
In 2022, the average live fish import price amounted to $12,387 per ton, which is down by -23.9% against the previous year. Overall, the import price, however, posted a perceptible increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 70% against the previous year. The import price peaked at $16,267 per ton in 2021, and then reduced markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($27,018 per ton), while the price for Pakistan ($852 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Live Fish Price in Oman (FOB) - 2022
In 2022, the average live fish export price amounted to $14,929 per ton, surging by 99% against the previous year. In general, the export price enjoyed a mild expansion. The export price peaked at $17,131 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($92,775 per ton), while the average price for exports to Qatar ($3,370 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+209.0%), while the prices for the other major destinations experienced more modest paces of growth.
Live Fish Imports in Oman
In 2022, the amount of live fish imported into Oman skyrocketed to 215 tons, with an increase of 24% against the year before. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, live fish imports fell to $2.7M in 2022. The total import value increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 26%.
| Import of Live Fish in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,640 | 1,560 | 1,599 | 869 | -19.1% |
| France | 4.9 | 570 | 401 | 496 | 366.0% |
| Thailand | 128 | 165 | 116 | 145 | 4.2% |
| Myanmar | 15.6 | 31.9 | 99.3 | 113 | 93.5% |
| Yemen | 43.8 | 51.3 | 46.3 | 64.2 | 13.6% |
| United Arab Emirates | 43.7 | 70.5 | 21.1 | 46.8 | 2.3% |
| Pakistan | 4.5 | 4.5 | 3.6 | 4.3 | -1.5% |
| Egypt | 19.5 | 10.4 | 4.3 | 0.5 | -70.5% |
| Others | 87.2 | 41.0 | 526 | 921 | 119.4% |
| Total | 1,987 | 2,504 | 2,816 | 2,660 | 10.2% |
Top Suppliers of Live Fish to Oman in 2022:
- Myanmar (90.0 tons)
- Turkey (34.8 tons)
- Thailand (30.6 tons)
- France (18.4 tons)
- Yemen (16.1 tons)
- United Arab Emirates (7.4 tons)
- Pakistan (5.0 tons)
- Egypt (0.4 tons)
Live Fish Exports in Oman
In 2022, overseas shipments of live fish decreased by -0.8% to 4.1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 16,284% against the previous year. As a result, the exports reached the peak of 20 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, live fish exports surged to $61K in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 27,494% against the previous year. As a result, the exports reached the peak of $91K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Live Fish in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 18.4 | 6.2 | 16.4 | -5.6% |
| United States | N/A | N/A | N/A | 14.7 | 0% |
| Hong Kong SAR | N/A | 15.8 | 15.4 | 9.6 | -22.1% |
| Sri Lanka | N/A | 1.1 | N/A | 7.0 | 152.3% |
| Netherlands | N/A | N/A | N/A | 6.1 | 0% |
| Qatar | N/A | 2.6 | 9.3 | 1.0 | -38.0% |
| Yemen | N/A | 17.7 | N/A | N/A | 0% |
| Saudi Arabia | 0.3 | 35.4 | N/A | N/A | 11700.0% |
| Others | N/A | N/A | N/A | 6.2 | 0% |
| Total | 0.3 | 91.1 | 30.9 | 61.0 | 488.0% |
Top Export Markets for Live Fish from Oman in 2022:
- United Arab Emirates (2979.0 kg)
- United States (298.0 kg)
- Qatar (295.0 kg)
- Hong Kong SAR (194.0 kg)
- Sri Lanka (186.0 kg)
- Netherlands (66.0 kg)
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